For the current fiscal first quarter, the company predicted
adjusted earnings of 35 to 37 cents per share, which straddles the
average analyst estimate for 36 cents.

Oracle shares rose 83 cents, or +3.7%, in premarket trading
Friday.

The Bottom Line
We recently removed shares of ORCL from our recommended list on May
4, when the stock was trading at $26.01. The company has a .90%
dividend yield, based on last night's closing stock price of
$22.22. The stock has technical support in the $20-$21 price area.
If the shares can firm up, we see overhead resistance around the
$25-$26 price levels. We would remain on the sidelines for now.

Oracle Corporation (
ORCL
) is not recommended at this time, holding a Dividend.com DARS™
Rating of 3.4 out of 5 stars.

Please note that once you make your selection, it will apply to all future visits to NASDAQ.com.
If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com.

Please confirm your selection:

You have selected to change your default setting for the Quote Search. This will now be your default target page;
unless you change your configuration again, or you delete your
cookies. Are you sure you want to change your settings?